April 9 | Bloomberg & Businessweek

Multifamily Bonds Surging to Record as Commercial MBS Fade | by Sarah Mulholland

Bloomberg writes | Bonds backed by Fannie Mae and Freddie Mac tied to apartments soared to a record as the government-supported mortgage companies made low-cost loans on rental properties amid a continued slide in home values ... While delinquencies are low, abundant low-cost financing backed by the US government is inflating the values of apartment buildings and threatening to create a bubble, according to a March report by New York-based Chandan Economics.